Investment Banks Handling the Most IPOs: Report

Wall Street

New Refinitiv data shows which investment banks are dominating as SPAC IPOs hit $77 billion in Q1 2021. Business Insider reports with charts and graphs. Read more.

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Can a deSPAC be Used to Combat Counterfeit Shares and Naked Short Selling?

By identifying counterfeit shares, a stock acquisition can potentially combat naked short selling. When a company acquires another, it can require that all shareholders of record provide proof of ownership of their shares. This can help prevent short sellers from selling shares they do not own, since they would need to provide proof of ownership to participate in the acquisition.